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Tag: Midstream
LNG Suez Canal

Suez Canal increases discount for LNG carriers by 15%

Posted: September 29, 2018 at 12:27 pm   /   Oil & Gas

Suez Canal chases US LNG export cargoes: Egyptian waterway offers hefty rebate for gas carriers sailing non-stop from America to Asia. The Suez Canal has laid down the gauntlet to the Panama Canal in the chase for transits by LNG carriers carrying US LNG exports. The Suez Canal Authority has decided to increase the port fee discount […]

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EMG

Noble, Delek, EMG strike $518 million gas pipeline deal

Posted: September 29, 2018 at 12:17 pm   /   Oil & Gas

Noble Energy said it has executed multiple agreements to support delivery of natural gas from the Leviathan and Tamar fields, offshore Israel, into Egypt. J. Keith Elliott, Noble Energy’s senior vice president, Offshore, stated: “Today’s announcements mark significant steps forward in supplying natural gas from the world-class Tamar and Leviathan fields to regional customers through […]

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Egypt-Cyprus

Egypt, Cyprus sign natural gas pipeline connection agreement

Posted: September 19, 2018 at 12:08 pm   /   Oil & Gas

Egypt and Cyprus on Wednesday signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. The deal was signed at the presidential palace by Energy Minister Yiorgos Lakkotrypis and Egypt’s Oil Minister Tarek el Molla. Lakkotrypis said the agreement aimed at ensuring the timely and safe development, construction, and […]

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Gas Terminal

Dolphinus Holdings to start importing natural gas as early as Q1 2019

Posted: August 6, 2018 at 3:32 pm   /   Oil & Gas

Dolphinus Holdings could start importing natural gas from Israel as early as 1Q2019, sources with knowledge of the matter told Reuters yesterday. “Imports will start in small quantities first and will gradually increase to reach their climax in September 2019,” they add, without providing detail on the specific quantities or prices. Dolphinus has been waiting […]

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GasReg

Gas market regulator sets fees for private sector’s use of national grid

Posted: August 5, 2018 at 9:02 pm   /   Oil & Gas

Natgas market regulator sets fees for private sector’s use of the state grid at USD 0.38 / MMBtu: The Natural Gas Regulatory Authority set on Thursday the fee that private sector players will have to pay to use the state’s national grid to transport gas at USD 0.38 / MMBtu, according to its official website. […]

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LNG Suez Canal

Suez Canal amends regulations to encourage LNG carrier traffic

Posted: July 9, 2018 at 2:48 pm   /   Oil & Gas

Suez Canal Authority has decided to amend the regulations related to the residue cargo requirements for liquefied natural gas (LNG) carriers. According to the SCA notice, the allowed residues of LNG cargo shall not exceed 5 percent of the vessel’s summer deadweight instead of 2 percent to grant the LNG vessels the privilege of ballast […]

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East-Med

Delek could invest up to $200 million for access to EMG’s gas pipeline to Egypt

Posted: June 13, 2018 at 2:34 pm   /   Oil & Gas

Israel’s Delek could invest up to USD 200 million to gain access to EMG’s subsea natural gas pipeline to Egypt’s Sinai: Shareholders in Israel’s Delek Group will meet on 1 July to vote on investing USD 200 million to buy the rights to use a subsea pipeline that would allow the company to export natural […]

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Qalaa's Chairman: Egypt is ready to be regional energy hub

Posted: April 25, 2018 at 2:24 pm   /   Oil & Gas

With gas production in full swing across a number of sites in Egypt, the country is ready to become a key exporter of energy in the region and beyond, the chairman and founder of investment firm Qalaa Holdings told CNBC. “In the oil and gas sectors Egypt remains a very important player,” Ahmed Heikal, told […]

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Egypt, Cyprus preparing ground for natural gas pipeline

Posted: April 11, 2018 at 7:43 pm   /   Oil & Gas

Cyprus and Egypt will be ready in the near future to sign an agreement on a direct undersea natural gas pipeline from Cyprus’ exclusive economic zone to a liquefied natural gas plant in Egypt, Foreign Minister Nicos Christodoulides said. The minister, visiting Cairo on Tuesday, said: “We believe that there is a bright future for […]

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UK to receive LNG cargo from Shell's Idku plant in Egypt

Posted: April 3, 2018 at 4:26 pm   /   Oil & Gas

UK to get LNG cargo from Egypt: The United Kingdom is expected to receive a cargo of liquefied natural gas (LNG) from the Shell-operated Idku liquefaction plant in Egypt, according to the port data. The 161,870-cbm Maran Gas Apollonia, owned by Maran Nakilat and chartered by the Hague-based LNG giant Shell, is expected to dock […]

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